Business Insider India3y
Three Anil Ambani companies have reportedly been accused of fraud by banks⁠ — the amount at stake is nearly ten times more than what Mallya owed
India’s infamous fallen billionaire, Anil Ambani, may have claimed that his ‘net worth is zero’ but Indian banks aren’t buying it. In the midst of Reliance Communications’ bankruptcy ...
BBC5y
Mukesh Ambani: India's richest man helps his brother avoid jail
India's richest man Mukesh Ambani has paid a debt payment owed by his brother, saving him from spending time in prison. Anil Ambani faced a prison sentence after a deal between his firm Reliance ...
Mint5d
Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid
Last week, The Anil-Ambani-led power generation company said it would legally challenge SECI's ban and lodged a police complaint against the third party that arranged the bank guarantee.